Are you in the market to purchase home insurance in Oakville? Protect your biggest investment with home insurance that is personalized to your specific insurance needs so that in the event of a loss, you will be properly protected. When working with our Morison Insurance Brokers, know you and your home will be in good hands. We are here to help!
When purchasing home insurance in Oakville, be sure that you have enough coverage should you need to repair or replace your home in the event of a loss. Everyone’s insurance needs are different, but our Oakville brokers would typically recommend a homeowner’s comprehensive policy. Comprehensive coverage will protect your home and everything under your roof subject to exclusions and special limits. Our insurance brokers also recommend adding sewer backup and overland water coverages to your homeowner’s insurance policy.
Since everyone’s insurance needs are different, we recommend speaking directly with one of our Oakville home insurance experts to provide you with a home insurance quote tailored to your specific needs.
When shopping for home insurance in Oakville, be sure to consider the following:
Finding the right home insurance can be difficult because there are so many options. Consider using an insurance broker who can help you choose the right home insurance coverage for you.
Insurance brokers highly recommend that all homeowners have home insurance. It is affordable and has so many benefits, should you need to use it. Do not leave yourself stuck when you need it most. Protect your family and your largest investment.
You can buy home insurance in Oakville from our Morison Insurance Brokers. We have over 70 insurance professionals that are here to ensure your biggest investment is protected.
When you are a client of Morison Insurance, you will have a dedicated broker. Your dedicated broker is here to service your policies, answer any questions you may have and provide you insurance expertise. We also do the shopping for you! We shop dozens of Ontario’s leading insurance companies to find you home insurance that meets your needs with proper coverage at a competitive rate. Leave the shopping to us!
Home Insurance is used to protect your biggest investment. In the event of a loss to your home, replacing or repairing the damages can cost you thousands (even hundreds of thousands) of dollars. This is where having insurance comes in handy.
With home insurance, those damages to your home can be put through as a claim to your insurance company instead of paying this money out of your own pocket. In the event of a loss, contact your insurance broker or call your insurance company and they will begin your claims process.
Home insurance is one of the best things you can purchase, in hopes that you will never need to use it.
Although home insurance in Oakville is not required by law, it is highly recommend that every homeowner has home insurance. Your home is your biggest asset. It’s where your family lives, where you make your memories and have valuables. In the event of a loss, like a fire, you would be properly protected with homeowner’s insurance.
In most cases, mortgage companies will require you to have fire insurance and extended coverages on your dwelling. Finances will not be released until you have proof of home insurance.
Here are a few things to consider when choosing a home insurance company in Oakville:
You can find reviews on home insurance in Oakville by looking on Google, Facebook, Yellow Pages or Yelp. When looking for home insurance in Oakville be sure to check out the insurance company's or brokerage's online reviews. Real reviews and experiences from real customers. This can give you a glimpse of the type of experiences you may receive with these companies.
What is covered by your home insurance is dependent on the type of home insurance policy you have. Not all home insurance policies are the same. Some perils that are covered by most homeowner’s insurance policies that are considered sudden & accidental include:
Most home insurance policies will also cover damage to landscaping, fences, and garages/sheds on the property.
Most home insurance policies will also provide liability coverage in the event that you, a family member or a third party get injured on your property. This would cover any legal fees or medical bills that may arise from the incident.
Speak with one of our brokers to review your current policy to view all of your home insurance coverages.
What is not covered by your home insurance is dependent on the type of insurance policy you have. Here are a few common things that are not covered by a typical homeowner’s insurance policy:
Unfortunately, it is not possible to protect your home from all possible perils, however, our insurance brokers are here to ensure that you are covered against the most common perils.
If you currently have home insurance, the best time to shop for home insurance in Oakville is around the time your policy renews. If you cancel your policy with an insurance company mid-term, there could be a charge to do so.
If you are in the process of purchasing your first home, the best time to shop for home insurance in Oakville is before the closing date of your new home. In most cases the mortgage company requires that you have proof of a homeowner’s insurance policy before the closing date.
The cost of home insurance in Oakville can range between $800 to $2,000 annually based on multiple factors. Some of those factors include the location of the dwelling, the style of home, if there have been any recent updates, the type of coverage you choose, if there is a mortgage on the property, and much more. Ensure your home in Oakville is properly protected with the right homeowner’s insurance.
To get an accurate quote for home insurance in Oakville, fill out the quote form on this page or contact our brokers to ensure you, and your largest investment, are properly covered.
You can save on home insurance by bundling your home and auto policies with the same insurance company, having discounts applied to your policy, or shopping around for insurance. Here are some more ways to save on your home insurance in Oakville:
Did you know that Morison Insurance offers home AND auto insurance? A great way to help save money on your insurance is to bundle your home and auto insurance policies. A lot of people ask “If my home and auto insurance is with the same brokerage, does that count?” The answer is no. You are only eligible for a bundling discount if your home and auto insurance is with the same insurance company.
It is also a great idea to have all of your insurance with one company, or brokerage, so that if you have any questions or need to make any changes – like an update of address – you will only need to call one place.
In the event of a home insurance claim be sure to contact your broker and they will notify your insurance company and will walk you through the claims process. If the loss is serious (example; your home is on fire), call the insurance company directly to start the claims process. When you speak to your broker or the insurance company directly, an adjuster from the insurance company will contact you and start the claims process. Depending on the size/impact of the claim it can take anywhere between a few days to a few weeks for the claim to be closed. It is also likely that your premium will not be increased when you file your first claim if you have claims forgiveness added to your policy. Speak with your broker for options.
If you have your insurance with an insurance broker, they have the ability to step in and speak with the insurance company directly to resolve any issues or to move things along in the claims process. That’s another benefit of working with an insurance broker.
You can get a quote for home insurance in Oakville from our Morison Insurance Brokers. Contact us by phone or start the quote process online by filling out the contact form on this page. Our brokers will begin working on your home insurance quote and will reach out to over dozens of Ontario’s leading insurance companies to find you the right coverage for your Oakville home. Then, you can choose which quote works best for you and which insurance company you wish to have your insurance with. But remember, our Oakville Insurance Brokers are here to assist you whenever you need us. Start protecting your biggest investment today!
This content is written by our Morison Insurance team. It is provided for general information only. Insurance needs differ from person to person, and this article is therefore not a substitute for professional advice about your individual insurance needs which can be obtained by speaking to one of our brokers.